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Record of Proceedings

Weatherford Economic Development Board Regular and Executive Session Meeting - March 3, 2026

City Council & Boards — Tuesday, March 3, 2026
BodyWeatherford, Texas
SessionCity Council & Boards
DateTuesday, March 3, 2026
StatusFILED
Video Record
0:00 / 4:27

Transcript — Verbatim
0:00

Meeting.

0:01

I announce we have a quorum all here except for Zach Smith.

0:08

First order of business is to approve the minutes of the last meeting note held November 19th, 2025.

0:21

Motion to uh approved by John Hitton second Luke Williams.

0:26

Yes, sir.

0:26

If you'd vote now, please.

0:43

Motions approved.

0:45

Item two, item, sorry, item three, executive session.

0:50

Uh section five five one dot 087 deliberation of economic regarding economic development negotiations to discuss or deliberate regarding commercial or financial information that the government body has governmental body has received from a business prospect that the governmental body seeks to have locate, stay or expand in or near the territory of the governmental body and with which the governmental body is conducting economic development negotiations or to deliberate the offer of a financial or other incentive to a business prospect project iron saddle.

1:32

That's uh 3A 3B again section 551.087 deliberation regarding economic development negotiations to discuss or deliberate regarding commercial or financial information that the governmental body has received from a business prospect that the governmental body seeks to have locate, stay or expand in or near the territory of the governmental body, and with which the governmental body is conducting economic development negotiations or to deliberate the offer of a financial or other incentive to a business prospect under the name Project Copper Spur.

2:12

It's now 803, and we'll go into executive session reconvene once that concludes.

2:31

Okay, we'll come out of executive session at 903.

2:38

Do you wish to take any action on executive session items?

2:45

Yes.

2:52

I think a motion to approve.

2:54

Motion to approve made by Chandler.

2:57

Is there a second?

2:58

And before we do that, why don't we uh sorry?

3:01

We need to specify the dollar.

3:03

Project name.

3:04

Project name and dollar amount.

3:07

Please motion on project saddle to approve in the amount of 284.

3:14

I think is correct.

3:15

Is that the right number?

3:16

Absolutely 4403.

3:19

Yeah, 28403.

3:21

280403.

3:24

Motion uh made.

3:25

Is there a second to the motion by John Hinton?

3:30

Any further discussion?

3:32

If not, please vote now.

3:40

Motion passes 4-0.

3:43

On item 3B.

3:45

Is there a motion on item 3b?

3:50

Take a motion to deny.

3:52

Motion to deny.

3:53

Is there a second?

3:56

Motion to die.

3:58

Second to the motion to deny by John Hinton.

4:00

Please vote now.

4:12

Motion passes 4-0.

4:16

Item 5A, citizens' comments on non agenda items.

4:21

I'm aware of none.

4:23

Therefore, we'll move to item six adjournment.

4:26

We are now adjourned.

Discussion Breakdown — Share of Meeting
Procedural█████████████████████████████████████████████70%
Economic Development███████████████████30%
Summary of Proceedings

Weatherford Economic Development Board Regular and Executive Session Meeting - March 3, 2026

The Weatherford Economic Development Board convened at 8:03 AM on March 3, 2026, for a regular and executive session meeting. With four of five members present (Chair Ken Davis, John Hinton, Luke Williams, and Chandler Lacefield; Zack Smith absent), the board approved the previous meeting's minutes, entered executive session to discuss two economic development projects, and took unanimous votes on incentive packages. The meeting adjourned at approximately 9:03 AM after approximately one hour in executive session. No public comments were received.

Consent Calendar

  • Approval of Minutes: The board unanimously approved the minutes of the November 19, 2025, meeting. Motion by John Hinton, second by Luke Williams. Vote: 4-0.

Executive Session

At 8:03 AM, the board entered executive session under Texas Government Code Section 551.087 to deliberate on economic development negotiations for two projects:

  • Project Iron Saddle: Discussion of commercial/financial information from a business prospect the city seeks to locate, stay, or expand in or near Weatherford, and potential incentive offers.
  • Project Copper Spur: Similar deliberation for another business prospect. The board reconvened in open session at 9:03 AM.

Key Outcomes

  • Project Iron Saddle – Approved: The board approved a motion to offer incentives in the amount of $284,403. Motion by Chandler Lacefield, second by John Hinton. Vote: 4-0.
  • Project Copper Spur – Denied: The board approved a motion to deny incentives. Motion to deny by an unidentified board member (likely Chandler Lacefield), second by John Hinton. Vote: 4-0.
  • Adjournment: The meeting adjourned immediately after the votes.

Note: Board members present were Ken Davis (Chair), John Hinton, Luke Williams, and Chandler Lacefield. Zack Smith was absent. Ex-officio and staff members present included Tammy Gazzola, James Hotopp, Chad Marbut, Dawn Brooks, Ashley Seiler, Rob Allibon, and Madelyn Machac.

Meeting Transcript

Meeting. I announce we have a quorum all here except for Zach Smith. First order of business is to approve the minutes of the last meeting note held November 19th, 2025. Motion to uh approved by John Hitton second Luke Williams. Yes, sir. If you'd vote now, please. Motions approved. Item two, item, sorry, item three, executive session. Uh section five five one dot 087 deliberation of economic regarding economic development negotiations to discuss or deliberate regarding commercial or financial information that the government body has governmental body has received from a business prospect that the governmental body seeks to have locate, stay or expand in or near the territory of the governmental body and with which the governmental body is conducting economic development negotiations or to deliberate the offer of a financial or other incentive to a business prospect project iron saddle. That's uh 3A 3B again section 551.087 deliberation regarding economic development negotiations to discuss or deliberate regarding commercial or financial information that the governmental body has received from a business prospect that the governmental body seeks to have locate, stay or expand in or near the territory of the governmental body, and with which the governmental body is conducting economic development negotiations or to deliberate the offer of a financial or other incentive to a business prospect under the name Project Copper Spur. It's now 803, and we'll go into executive session reconvene once that concludes. Okay, we'll come out of executive session at 903. Do you wish to take any action on executive session items? Yes. I think a motion to approve. Motion to approve made by Chandler. Is there a second? And before we do that, why don't we uh sorry? We need to specify the dollar. Project name. Project name and dollar amount. Please motion on project saddle to approve in the amount of 284. I think is correct. Is that the right number? Absolutely 4403. Yeah, 28403. 280403. Motion uh made. Is there a second to the motion by John Hinton? Any further discussion? If not, please vote now. Motion passes 4-0. On item 3B. Is there a motion on item 3b? Take a motion to deny. Motion to deny. Is there a second? Motion to die. Second to the motion to deny by John Hinton. Please vote now. Motion passes 4-0. Item 5A, citizens' comments on non agenda items. I'm aware of none. Therefore, we'll move to item six adjournment. We are now adjourned.

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